July 28 (Bloomberg) -- Kenya’s All-Share Index retreated
0.8 percent to 65.85 by the 3 p.m. close in Nairobi, the lowest
level since March 2010.

Mauritius’s SEMDEX Index slid for a second day, declining
0.4 percent to 2,023.22 by the 1:30 p.m. close in Port Louis,
the lowest since April 7. The Ghana Stock Exchange Composite
Index dropped 1.2 percent to 1,166.21 by the 3 p.m. close in
Accra, the biggest retreat since April 11. Namibia’s
FTSE/Namibia Overall Index weakened for the third day, falling
0.8 percent to 833.57 by the 4 p.m. close in Windhoek, the
lowest since June 28. The Nigerian Stock Exchange All-Share
Index slumped for the second day, losing 0.4 percent to
23,906.97 by the 2:30 p.m. close in Lagos, according to an e-mailed statement from the bourse.

The following shares rose or fell in sub-Saharan Africa,
excluding South Africa. Stock symbols are in parentheses.

PZ Cussons Nigeria Plc (PZ NL), a manufacturer of consumer
products and home appliances, jumped 1.9 naira, or 5 percent, to
40 naira, the highest level since at least January 2002. The
company’s net income for the year gained to 5.7 billion naira
($37.2 million) from 5.6 billion naira a year earlier, according
to Renaissance Capital, which cited figures released by the
Nigerian Stock Exchange. Revenue increased to 65.9 billion naira
from 62.7 billion naira, it said.

SG-SSB Ltd. (SGSSB GN), Societe Generale SA’s unit in
Ghana, declined 1 pesewa, or 2 percent, to 49 pesewa, the
biggest retreat since July 18, after first-half profit didn’t
meet investors’ expectations. Net income rose 6 percent to 10.7
million cedis ($7.1 million) in the six months through June,
according to a statement published in the Daily Graphic
newspaper today.

An average increase of 20 percent in profit would have been
“okay,” said Randy Mensah, a stock trader at Accra-based
Databank, in a telephone interview. “Investors want to get out
to more exciting stocks.”